Consumer prices in the OECD countries accelerated in July
In particular, the rise in food prices accelerated the rate of increase in consumer prices in the member countries of the Organization for Economic Cooperation and Development (OECD) in July.
Annual inflation in the 35 member countries of the OECD averaged 2.1 percent, up 0.1 percent from the 2 percent of June, according to data released Tuesday on the OECD’s website.
In July, energy prices in the OECD countries remained flat year-on-year, while food prices accelerated to 2.2 percent from the 2.1 percent of June. (MTI)
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a…
Read more >Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a…
Read more >